Common use of REPORTS AND ACCESS Clause in Contracts

REPORTS AND ACCESS. (a) The Adviser agrees to supply such information which can be produced by the Adviser without undue cost or effort to the Funds’ administrator and, subject to the limits set forth in this subsection. to permit such compliance inspections by the Funds’ administrator as shall be reasonably necessary to permit the administrator to satisfy its obligations and respond to the reasonable requests of the Board of Trustees. Any compliance inspection requested by the Funds’ administrator shall (i) require reasonable advance written notice, (ii) take place during the Adviser’s regular business hours, (iii) be at no additional expenses to the Adviser and (iv) be subject to appropriate confidentiality requirements and the Adviser’s security procedures. (b) The Trust agrees to provide the Adviser such information about the Trust and the Funds as is necessary and appropriate for the Adviser to perform its services hereunder. Such information includes, but is not limited to, the Trust’s Declaration of Trust and By-Laws and all compliance policies and procedures of the Trust. The Trust agrees to provide to the Adviser promptly any amendment to the foregoing and, if any such amendment would materially affect the services to be provided by the Adviser hereunder, the Trust agrees to provide the amendment to the Adviser prior to its adoption by the Board of Trustees. (c) The Trust represents and warrants that this Agreement has been authorized by the Board of Trustees and by shareholders in accordance with applicable law.

REPORTS AND ACCESS. (a) The Adviser agrees to supply such information which can be produced by the Adviser without undue cost or effort to the Funds’ Fund’s administrator and, subject to the limits set forth in this subsection. and to permit such compliance inspections by the Funds’ administrator and Chief Compliance Officer as shall be reasonably necessary to permit the administrator and Chief Compliance Officer to satisfy its their respective obligations to the Funds and respond to the reasonable requests of the Board of Trustees. Any The Adviser agrees to promptly notify the Trust of any material violations of its compliance inspection policies that affect the Trust or the Funds. The Adviser shall provide such information as may reasonably be requested by the FundsBoard of Trustees under Section 15(c) of the Investment Company Act in connection with the Trustees’ administrator shall (i) require reasonable advance written notice, (ii) take place during the Adviser’s regular business hours, (iii) be at no additional expenses to the Adviser and (iv) be subject to appropriate confidentiality requirements and the Adviser’s security proceduresannual consideration of this Agreement. (b) The Trust agrees to provide the Adviser such information about the Trust and the Funds as is necessary and appropriate for the Adviser to perform its services hereunder. Such information includes, but is not limited to, the Trust’s Declaration of Trust and By-Laws and all compliance policies and procedures of the TrustTrust relevant to the Adviser’s services to the Funds. The Trust agrees to provide to the Adviser promptly any amendment to the foregoing and, if any such amendment would materially affect the services to be provided by the Adviser hereunder, the Trust agrees to provide the amendment to the Adviser prior to its adoption by the Board of Trustees. (c) The Trust represents and warrants that this Agreement has been authorized by the Board of Trustees and by shareholders in accordance with applicable law.

REPORTS AND ACCESS. (a) The Adviser agrees to supply such information which can be produced by the Adviser without undue cost or effort to the Funds’ Fund’s administrator and, subject to the limits set forth in this subsection. and to permit such compliance inspections by the Funds’ Fund’s administrator and Chief Compliance Officer as shall be reasonably necessary to permit the administrator and Chief Compliance Officer to satisfy its their respective obligations to the Fund and to respond to the reasonable requests of the Board of Trustees. Any The Adviser agrees to promptly notify the Trust of any material violations of its compliance inspection policies that affect the Trust or the Fund. The Adviser shall provide such information as may reasonably be requested by the FundsBoard of Trustees under Section 15(c) of the Investment Company Act in connection with the Trustees’ administrator shall (i) require reasonable advance written notice, (ii) take place during the Adviser’s regular business hours, (iii) be at no additional expenses to the Adviser and (iv) be subject to appropriate confidentiality requirements and the Adviser’s security proceduresannual consideration of this Agreement. (b) The Trust agrees to provide the Adviser such information about the Trust and the Funds Fund as is necessary and appropriate for the Adviser to perform its services hereunder. Such information includes, but is not limited to, the Trust’s Declaration of Trust and By-Laws and all compliance policies and procedures of the TrustTrust relevant to the Adviser’s services to the Fund. The Trust agrees to promptly provide to the Adviser promptly any amendment to the foregoing and, if any such amendment would reasonably be expected to materially affect the services to be provided by the Adviser hereunderhereunder or would modify the Fund’s Investment Policies in such a way that the Adviser would be required to promptly modify its management of the Fund, the Trust agrees to provide the amendment to the Adviser prior to its adoption by the Board of Trustees. (c) The Trust represents and warrants that this Agreement has been authorized by the Board of Trustees and and, if required, by the Fund’s shareholders in accordance with applicable law.

REPORTS AND ACCESS. (a) The Adviser agrees to supply such information which can be produced by the Adviser without undue cost or effort to the Funds’ Fund’s administrator and, subject to the limits set forth in this subsection. and to permit such compliance inspections by the Funds’ Fund’s administrator and Chief Compliance Officer as shall be reasonably necessary to permit the administrator and Chief Compliance Officer to satisfy its their respective obligations to the Fund and to respond to the reasonable requests of the Board of Trustees. Any The Adviser agrees to promptly notify the Trust of any material violations of its compliance inspection policies that affect the Trust or the Fund. The Adviser shall provide such information as may reasonably be requested by the FundsBoard of Trustees under Section 15(c) of the Investment Company Act in connection with the Trustees’ administrator shall (i) require reasonable advance written notice, (ii) take place during the Adviser’s regular business hours, (iii) be at no additional expenses to the Adviser and (iv) be subject to appropriate confidentiality requirements and the Adviser’s security proceduresannual consideration of this Agreement. (b) The Trust agrees to provide the Adviser such information about the Trust and the Funds Fund as is necessary and appropriate for the Adviser to perform its services hereunder. Such information includes, but is not limited to, the Trust’s Declaration of Trust and By-Laws and all compliance policies and procedures of the TrustTrust relevant to the Adviser’s services to the Fund. The Trust agrees to promptly provide to the Adviser promptly any amendment to the foregoing and, if any such amendment would reasonably be expected to materially affect the services to be provided by the Adviser hereunderhereunder or would modify the Fund’s Investment Policies in such a way that the Adviser would be required to promptly modify its management of the Fund, the Trust agrees to provide the amendment to the Adviser prior to its adoption by the Board of Trustees. (c) The Trust represents and warrants that this Agreement has been authorized by the Board of Trustees and by the Fund’s shareholders in accordance with applicable law.

REPORTS AND ACCESS. (a) a. The Adviser agrees to supply such information which can be produced by the Adviser without undue cost or effort to the Funds’ Fund’s administrator and, subject to the limits set forth in this subsection. to permit such compliance inspections by the Funds’ Fund’s administrator as shall be reasonably necessary to permit the administrator to satisfy its obligations and respond to the reasonable requests of the Board of Trustees. Any compliance inspection requested by the Funds’ Fund’s administrator shall (i) require reasonable advance written notice, (ii) take place during the Adviser’s regular business hours, (iii) be at no additional expenses to the Adviser and (iv) be subject to appropriate confidentiality requirements and the Adviser’s security procedures. (b) b. The Trust agrees to provide the Adviser such information about the Trust and the Funds Fund as is necessary and appropriate for the Adviser to perform its services hereunder. Such information includes, but is not limited to, the Trust’s Declaration of Trust and By-Laws and all compliance policies and procedures of the Trust. The Trust agrees to provide to the Adviser promptly any amendment to the foregoing and, if any such amendment would materially affect the services to be provided by the Adviser hereunder, the Trust agrees to provide the amendment to the Adviser prior to its adoption by the Board of Trustees. (c) c. The Trust represents and warrants that this Agreement has been authorized by the Board of Trustees and by shareholders in accordance with applicable law.

REPORTS AND ACCESS. (a) The Adviser agrees to supply such information which can be produced by the Adviser without undue cost or effort to the Funds’ Fund’s administrator and, subject to the limits set forth in this subsection. subsection to permit such compliance inspections by the Funds’ Fund’s administrator as shall be reasonably necessary to permit the administrator to satisfy its obligations and respond to the reasonable requests of the Board of Trustees. Any compliance inspection requested by the Funds’ Fund’s administrator shall (i) require reasonable advance written notice, (ii) take place during the Adviser’s regular business hours, (iii) be at no additional expenses to the Adviser and (iv) be subject to appropriate confidentiality requirements and the Adviser’s security procedures. (b) The Trust agrees to provide the Adviser such information about the Trust and the Funds Fund as is necessary and appropriate for the Adviser to perform its services hereunder. Such information includes, but is not limited to, the Trust’s Declaration of Trust and By-Laws and all compliance policies and procedures of the Trust. The Trust agrees to provide to the Adviser promptly any amendment to the foregoing and, if any such amendment would materially affect the services to be provided by the Adviser hereunder, the Trust agrees to provide the amendment to the Adviser prior to its adoption by the Board of Trustees. (c) The Trust represents and warrants that this Agreement has been authorized by the Board of Trustees and by shareholders in accordance with applicable law.